Tykhe Corp Correlations
| HALB Stock | USD 0 0.0003 8.33% |
The current 90-days correlation between Tykhe Corp and Rigel Pharmaceuticals is 0.06 (i.e., Significant diversification). The correlation of Tykhe Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Tykhe Corp Correlation With Market
Modest diversification
The correlation between Tykhe Corp and DJI is 0.27 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Tykhe Corp and DJI in the same portfolio, assuming nothing else is changed.
Tykhe |
The ability to find closely correlated positions to Tykhe Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tykhe Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tykhe Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tykhe Corp to buy it.
Moving together with Tykhe Pink Sheet
| 0.9 | NVO | Novo Nordisk AS | PairCorr |
| 0.89 | NONOF | Novo Nordisk AS | PairCorr |
| 0.76 | CSLLY | CSL | PairCorr |
| 0.65 | CMXHF | CSL Limited | PairCorr |
| 0.87 | REGN | Regeneron Pharmaceuticals | PairCorr |
| 0.68 | QSAM | Qsam Biosciences | PairCorr |
| 0.68 | SGEN | Seagen Inc | PairCorr |
| 0.92 | VLCN | Volcon Inc | PairCorr |
| 0.68 | AULT | Ault Alliance Symbol Change | PairCorr |
| 0.82 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.8 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
Moving against Tykhe Pink Sheet
| 0.84 | BMA | Banco Macro SA | PairCorr |
| 0.82 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.64 | KAKZF | Kaspi Bank Joint | PairCorr |
| 0.61 | KB | KB Financial Group | PairCorr |
| 0.44 | AMKBY | AP Moeller Maersk | PairCorr |
| 0.88 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.83 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.82 | HD | Home Depot | PairCorr |
| 0.79 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | CVX | Chevron Corp Sell-off Trend | PairCorr |
| 0.75 | BAC | Bank of America Aggressive Push | PairCorr |
| 0.74 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.74 | HPQ | HP Inc | PairCorr |
| 0.72 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.66 | JPM | JPMorgan Chase Sell-off Trend | PairCorr |
| 0.49 | IBM | International Business Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.38 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Related Correlations Analysis
| -0.59 | 0.78 | -0.43 | 0.05 | RIGL | ||
| -0.59 | -0.66 | 0.61 | 0.25 | GERN | ||
| 0.78 | -0.66 | -0.7 | -0.09 | VSTM | ||
| -0.43 | 0.61 | -0.7 | 0.46 | IMMP | ||
| 0.05 | 0.25 | -0.09 | 0.46 | ELEV | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Tykhe Pink Sheet performing well and Tykhe Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Tykhe Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| RIGL | 3.41 | 1.06 | 0.37 | 0.63 | 2.40 | 9.10 | 55.18 | |||
| GERN | 2.21 | (0.24) | 0.00 | (0.10) | 0.00 | 4.17 | 14.00 | |||
| VSTM | 4.31 | 1.25 | 0.23 | 1.41 | 4.51 | 12.84 | 31.27 | |||
| IMMP | 2.39 | (0.35) | 0.00 | (0.43) | 0.00 | 4.89 | 18.55 | |||
| ELEV | 3.46 | (0.37) | 0.00 | (0.05) | 0.00 | 5.77 | 22.21 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tykhe Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Tykhe Corp Corporate Management
| Heidi Carl | Director Director | Profile | |
| Mitchell MD | CTO Board | Profile | |
| William Hartman | CEO Pres | Profile | |
| MD FAAN | Chief Board | Profile | |
| AVS MBA | COO Director | Profile |